grupo financiero santander méxico announces that its subsidiary

GRUPO FINANCIERO SANTANDER MÉXICO ANNOUNCES THAT ITS
SUBSIDIARY, BANCO SANTANDER (MÉXICO), S.A., HAS CONCLUDED THE
AGREEMENT TO ACQUIRE A CONSUMER LOAN PORTFOLIO FROM
SCOTIABANK MEXICO
Mexico City, Mexico, March 18th, 2015 – Grupo Financiero Santander México, S.A.B. de C.V.
(BMV: SANMEX; NYSE: BSMX) (“Santander México” or the “Company”), one of the leading financial
groups in Mexico, today announced that its subsidiary, Banco Santander (México), S.A., Institución de Banca
Múltiple (“Banco Santander México”), after receiving the corresponding regulatory approvals, signed with
Scotiabank Inverlat S.A., Institución de Banca Múltiple, Grupo Financiero Scotiabank Inverlat (“Scotiabank”)
an agreement to acquire a portion of its consumer loan portfolio as announced on November 25, 2014. The
acquisition will take effect in April 2015.
The final consumer loan portfolio subject to this acquisition consists of approximately 39,200 loans amounting
to a total of Ps.3,178.7 million.
This loan portfolio is expected to further expand Banco Santander Mexico’s core portfolio and market share in
the personal loans segment by approximately 230 basis points while maintaining credit quality standards.
About Grupo Financiero Santander México
Grupo Financiero Santander México, S.A.B. de C.V. (Santander México), one of Mexico’s leading financial services holding
companies, provides a wide range of financial and related services, including retail and commercial banking, securities
brokerage, financial advisory and other related investment activities. Santander México offers a multichannel financial
services platform focused on mid- to high-income individuals and small- to medium-sized enterprises, while also providing
integrated financial services to larger multinational companies in Mexico. As of December 31, 2014, Santander México had
total assets of Ps.937.4 billion under Mexican Banking GAAP and more than 11.0 million customers. Headquartered in
Mexico City, the Company operates 1,081 branches and 265 offices nationwide and has a total of 16,482 employees.
INVESTOR RELATIONS CONTACT
Héctor Chávez Lopez – Managing Director - IRO
+ 52 (55) 5269-1925
hchavez@santander.com.mx
Gerardo Freire Alvarado – Executive Director of Investor Relations
+ 52 (55) 5269-1827 / + 52 (55) 5269-1828
gfreire@santander.com.mx
Investor Relations Team
investor@santander.com.mx
Cautionary Statement on Forward-Looking Statements
This press release contains forward-looking statements. The forward-looking statements contained herein include, without
limitation, statements about Banco Santander (México) subsidiary of Grupo Financiero Santander México’s intent, belief,
targets or current expectations concerning our future business development and performance and the expected synergies
from the acquisition of the consumer loan portfolio from Scotiabank Mexico. While these forward-looking statements
represent our judgment and current expectations concerning the development of our business, a number of risks,
uncertainties and other important factors could cause actual developments and results to differ materially from our
expectations. Information relating to risks, uncertainties and other factors that affect our business are included in our
annual report on Form 20-F filed with the U.S. Securities and Exchange Commission. The risks and uncertainties included
in our filings and reports, including those with the U.S. Securities and Exchange Commission, could adversely affect our
business and financial performance. You should not place undue reliance on these forward-looking statements, which
speak only as of the date they were made, and we undertake no obligation to update publicly or to revise any forwardlooking statements, except as required by applicable law.
GRUPO FINANCIERO SANTANDER MÉXICO PRESS RELEASE